Monday, March 19, 2007

Unstable, Unbalanced, Uncoordinated, and Unsustainable

19 March 2007

Stephen Roach of Morgan Stanley is on a roll. He is paying attention to a story that we should all be following. The title of his post, "Unstable, Unbalanced, Uncoordinated, and Unsustainable," is a direct quotation from China’s Premier, Wen Jiabao. This is unusually blunt language for a national leader under any circumstances. Mr. Wen is describing the present state of the Chinese economy, and stating his clear intention to do whatever it takes to slow it down. Read Stephen Roach's comments here.

No comments:

Post a comment